Development: Page 17

  • Chairs, windows and a television in an open apartment building lobby.
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    Permission granted by The NRP Group
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    NRP adds execs from other firms as it expands to Las Vegas, Phoenix

    Mike Moriarty and Austin Kates were hired from The Ardour Co. and The Wolff Co. respectively and will initially focus on market-rate development.

    By • July 11, 2023
  • In an aerial view, cars drive by the San Francisco skyline as they cross the San Francisco-Oakland Bay Bridge
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    Justin Sullivan via Getty Images
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    San Francisco invites proposals for adaptive reuse projects

    The city’s initiative to repurpose underused downtown commercial space solidifies legislation passed last month to simplify commercial building conversion processes.

    By Nish Amarnath • July 11, 2023
  • An apartment building dotted with windows and balconies.
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    Sundry Photography via Getty Images
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    FHA raises large multifamily loan threshold

    Loans of up to $120 million are now eligible for standard underwriting.

    By • July 9, 2023
  • Downtown Los Angeles California skyline cityscape skyscrapers
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    dszc via Getty Images
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    Residential conversions continue to rise as office values decline

    Work-from-home trends and market conditions have made conversion projects more feasible.

    By • July 9, 2023
  • A white and gray mid-rise apartment building.
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    Permission granted by The Galman Group
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    PROJECT SPOTLIGHT

    New apartments, townhomes open in active Philly-area market

    The Galman Group is “striking when the iron is hot” in its hometown, according to its president.

    By • July 6, 2023
  • New complex of apartment buildings under construction
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    ewg3D via Getty Images
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    Multifamily starts jump 40%

    Even as groundbreakings surged, financing woes slowed permit numbers last month.

    By • July 5, 2023
  • Head shot of Eric Garrett
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    Permission granted by Garrett Cos.
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    Thought Leaders: June 2023

    Executives from Lendlease, Centerspace, Garrett Cos. and more talk about their latest challenges and successes.

    By Multifamily Dive Staff • June 29, 2023
  • Installation of solar panels on a roof.
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    ArtistGNDphotography via Getty Images
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    Opinion

    How to apply for GRRP funds

    The $4.8 billion Green and Resilient Retrofit Program offers developers and owners direct grants and loans to improve HUD-assisted properties.

    By Donald Bernards • June 29, 2023
  • A memorial at the site of the Surfside collapse
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    Joe Raedle via Getty Images
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    Opinion

    What condo owners, developers can learn from the Surfside collapse

    Overdue repairs on multifamily buildings are a recipe for disaster, writes construction risk management expert Don Neff.

    By Don Neff • June 27, 2023
  • A large, brown building with a glass-walled ground floor.
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    Permission granted by Tishman Speyer
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    DEALS + STARTS

    New apartments, retail underway at shuttered mall in Washington, DC

    Tishman Speyer has secured $150 million in financing to redevelop the Mazza Gallerie site.

    By • June 26, 2023
  • A room full of tables, chairs, and booths, with a kitchen in the back.
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    Permission granted by FitzGerald
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    Q&A

    How the ‘amenity arms race’ has given way to the ‘people wars’

    FitzGerald principal Kristen Larkin is programming amenities to fit the needs of the community and neighborhood.

    By • Updated June 26, 2023
  • White, four-story apartment community.
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    Permission granted by Shoreham Capital
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    Q&A

    Florida developer says insurance costs could limit new housing supply

    Factors like inflation, recent storms and even tort reform have led to a 30% premium increase.

    By • June 20, 2023
  • A blue, white and orange apartment building on a busy street.
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    Permission granted by TCA Architects
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    PROJECT SPOTLIGHT

    Mixed-use project with Whole Foods anchor opens in Los Angeles

    At 910 units, Vox at Cumulus is among the largest new multifamily developments in the city.

    By • June 20, 2023
  • An apartment building with glass balconies on a street corner.
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    Permission granted by Bozzuto
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    PROJECT SPOTLIGHT

    Kimco opens second multifamily tower near Amazon HQ2

    The Milton marks the latest addition to Kimco’s mixed-use development in Arlington, Virginia.

    By • June 15, 2023
  • One narrow skyscraper highlighted among the New York City skyline.
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    Courtesy of Lendlease/David Joshua Ford
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    Q&A

    How Lendlease overcame challenges on 80-story NYC condo tower

    Project Executive Mark Lubrano talks about building the narrow skyscraper on a dense urban site.

    By Zachary Phillips • June 15, 2023
  • Downtown Los Angeles aerial view.
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    Stein Photo via Getty Images
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    Land-use reform efforts could bring 135K new homes to LA

    To address its acute housing shortage, Los Angeles is allowing greater housing density and creating affordable property incentives.

    By Kalena Thomhave • June 12, 2023
  • Four-story apartment community with palm trees in the foreground.
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    Permission granted by Participant Capital
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    Q&A

    Investment firm still sees availability for construction debt

    Participant Capital Advisors is raising money for projects in Florida.

    By • June 12, 2023
  • A city skyline beneath a cloudy, orange sky.
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    Kruck20 via Getty Images
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    The 8 metros with negative rent growth

    As demand cools, the pipeline of new apartments is robust, with 1 million multifamily units underway, according to Yardi Matrix.

    By • June 8, 2023
  • Apartmentalize 2023
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    Permission granted by Mary Salmonsen
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    Apartmentalize 2023

    Renters moving to the suburbs bring urban expectations with them

    Multifamily pros pondered the lingering impact of the pandemic’s “great migration” at an Apartmentalize session on Wednesday.

    By • June 8, 2023
  • Image of a modern computer keyboard with insurance button on a blue background and copy space.
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    MicroStockHub via Getty Images
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    Insurance Issues

    NMHC: Multifamily insurance costs up 26%

    Property coverage has become much more expensive in recent years, according to a new report from the National Multifamily Housing Council.

    By • June 8, 2023
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    Joe Raedle via Getty Images
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    Insurance Issues

    Insurance costs are skyrocketing. Why?

    Climate-related events aren’t the only thing pushing premiums to unprecedented levels for multifamily owners.

    By • June 6, 2023
  • A shot of the outside of mixed-use apartment building Platform 4611 in Chicago. It was taken at dusk, with some light shining off the windows of the mid-rise building.
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    Courtesy of McHugh Construction
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    PROJECT SPOTLIGHT

    McHugh completes Chicago apartment building started during pandemic

    The 200-unit mid-rise features exposed concrete ceilings, glass facades and views of Lake Michigan.

    By Matthew Thibault • June 6, 2023
  • A row of homes with a red sign in the foreground that reads "FOR RENT."
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    Feverpitched via Getty Images
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    Single-family rental construction more active than ever

    Social changes and high home prices are driving horizontal apartment demand.

    By • June 5, 2023
  • Aerial picture of single-family homes next to a street with trees in the background.
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    Permission granted by Allen & Rocks
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    Q&A

    Maryland SFR development catches on ‘like wildfire’ with active adults

    Allen & Rocks moved into single-family rentals at two Brookfield communities, and it learned that a 55-and-over crowd will lease remotely.

    By • June 2, 2023
  • A rendering of a mid-rise apartment building with a road running underneath a section of it.
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    Permission granted by Legacy Partners
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    PROJECT SPOTLIGHT

    Legacy Partners opens 226 units in Santa Ana, California

    Built on an under-utilized site, Bloom aims to meet a need for denser housing development.

    By • June 1, 2023